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so-called three percent treaty force in france to reduce its budget deficit down from four point five percent by hiking taxes and cutting spending. but while harsh criticism expected from the opposition disapprovals also been growing from like minded left wingers or complain but i think the president especially of a country like france one of six e.u. founders should be strong enough to say stop to others and say hey i have my nation behind me and they elected me to make changes instead he surrendered because he's more worried about the country's debt and the ratings agencies make. in a short video french communists put together some of the lawns major presidential campaign vows none of which they say came true. but what that. the value added tax increase is i think it's inappropriate and unjustified and unreasonable and too hasty. what happened to well that's to reminded president do you remember you promised to review the european treaty you didn't do that here in germany said a three percent deficit isn't real but now only say it's possible etc etc you can't not do what you promise
so-called three percent treaty force in france to reduce its budget deficit down from four point five percent by hiking taxes and cutting spending. but while harsh criticism expected from the opposition disapprovals also been growing from like minded left wingers or complain but i think the president especially of a country like france one of six e.u. founders should be strong enough to say stop to others and say hey i have my nation behind me and they elected me to make changes instead he...
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so-called three percent treaty force in france to reduce its budget deficit down from four point five percent by hiking taxes and cutting spending. but while harsh criticism expected from the opposition disapprovals also been growing from like minded left wingers or complain but i think the president especially of a country like france one of six e.u. founders should be strong enough to say stop to others and say hey i have my nation behind me and they elected me to make changes instead he surrendered because he's more worried about the country's debt and the ratings agencies make. in a short video french communists put together some of the lawns major presidential campaign bows none of which they say came true. look what that's. the value added tax increase. i think it's inappropriate and unjustified and unreasonable and too hasty. what happened to well that's to remind the presidents do you remember you promised to review the european treaty you didn't do that here in germany set a three percent deficit isn't real but now only say it's possible etc etc you can't not do what you prom
so-called three percent treaty force in france to reduce its budget deficit down from four point five percent by hiking taxes and cutting spending. but while harsh criticism expected from the opposition disapprovals also been growing from like minded left wingers or complain but i think the president especially of a country like france one of six e.u. founders should be strong enough to say stop to others and say hey i have my nation behind me and they elected me to make changes instead he...
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Feb 8, 2013
02/13
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already in 2012, the budget has a deficit of 16 billion euros. we have to sacrifice and penalize thousands of students. what's the meaning of this? what's the point of this that members states, heads of state are just going to run a deficit? we are not going to go along with his, mr. president. there are rules and we will make sure they are respected, starting with article iii 10 which calls for a balanced budget. do i really have to remind you that this deficit system led to member states to the situation which we find ourselves today? it's a standing that member states are opposing something on the one hand, they are asking to strengthen our economic governance with a sixpack and with a sixpack and a two pack, and they're asking us to stop running deficits. but they want us to learn these bad habits all over again. we've got 960 billion commitments, and the same amount of payment. any direction of a company will tell you that's economic suicide, and it is too simple, mr. president, and you shouldn't hide behind david cameron. you are faced with
already in 2012, the budget has a deficit of 16 billion euros. we have to sacrifice and penalize thousands of students. what's the meaning of this? what's the point of this that members states, heads of state are just going to run a deficit? we are not going to go along with his, mr. president. there are rules and we will make sure they are respected, starting with article iii 10 which calls for a balanced budget. do i really have to remind you that this deficit system led to member states to...
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Feb 5, 2013
02/13
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CSPAN2
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change in deficits on the alternative fiscal scenario. it's on the right income on page 33 just above the memorandum lines. and you can see on the far right side that that set of policies would add $2.088 trillion of deficits over the decade, it would be about $450 billion of debt service, so the deficit as hell would be about two and a half trillion dollars more. -- then we shall in the basement of the alternative scenario includes all of the pieces essentially of our previous alternative scenario that have not now been enacted in law or allowed to expire. so it includes the effect of this tax provisions are still scheduled to expire. it includes the effect of the sequestered, and it includes the effects of medicare payments to physicians. >> [inaudible] >> so i don't think there's a simple answer to the question about why more revenue will be collected. our income tax system left to its own devices will generally show over time and larger share of income being collected, impacts, because it would sometimes known as real bracket increase
change in deficits on the alternative fiscal scenario. it's on the right income on page 33 just above the memorandum lines. and you can see on the far right side that that set of policies would add $2.088 trillion of deficits over the decade, it would be about $450 billion of debt service, so the deficit as hell would be about two and a half trillion dollars more. -- then we shall in the basement of the alternative scenario includes all of the pieces essentially of our previous alternative...
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repelled but not wiped out as campaign it raises more questions about human rights violations and from a deficit speak out their belgian parliament a load of amazed as criminal investigation into those allegations that too much to ask for. but i hear now is how this surprises me i mean first of all the million army does hold a grudge against the people who are stemmed from the northern part of the country and secondly the soldiers of very low paid and have very little armaments and such as a they're not really a regular army in that sense there's only. hardly a state apparatus functioning how can you really just have people and examine what they do you can't you just ground in a country like that so the only thing you can do correctly is if you think people might be terrorist is hold them and arrest them and detain them what you should not do is say this is kind of actually judicial executions but eternally surprises me that this is going on right now this country needs support yes this country needs are we why is it that this help only comes in the form of military invasions that's a basic ques
repelled but not wiped out as campaign it raises more questions about human rights violations and from a deficit speak out their belgian parliament a load of amazed as criminal investigation into those allegations that too much to ask for. but i hear now is how this surprises me i mean first of all the million army does hold a grudge against the people who are stemmed from the northern part of the country and secondly the soldiers of very low paid and have very little armaments and such as a...
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Feb 8, 2013
02/13
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you've got to address the larger deficit issue, and to address the larger deficit issue -- and my own experience. i've participated in every budget summit we have indiana past -- we have had in past years. you have to develop a balanced package. that's the nature of dealing with the size deficits you've got. and my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, stop this constant uncertainty. this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger sequester. whatever you can do to make sure this doesn't happen. i mean, i cannot imagine that people would stand by and deliberately hurt this country in terms of our national defense by letting this take place. >> i'll only add briefly that most of the things we're doing are reversible. that is our goal, they would be reversible, but even if you reverse them it will take some time -- and i can't predict that yet -- w
you've got to address the larger deficit issue, and to address the larger deficit issue -- and my own experience. i've participated in every budget summit we have indiana past -- we have had in past years. you have to develop a balanced package. that's the nature of dealing with the size deficits you've got. and my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, stop this constant uncertainty. this month-to-month situation...
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Feb 5, 2013
02/13
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to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be finished before march 1st, and unfortunately that's the date when a series of harmful automatic cuts to job-creating investments and defense spend, also known as sequester, are scheduled to take effect. so, if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a
to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be...
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merkel's message all the way which is that it's all by austerity and by a sturdy alone and cutting that deficit. that greece can get itself financially back on its feet now what is interesting is that in the german elections we're seeing the key battleground becoming greece. now one of the reasons that we've seen the s.t.p. . jump on this is because essentially they smell blood he said himself after the most recent local elections which took place last month that's change was possible this year and in order and one of the reasons he can say that is his party is absolutely killing angle merkel's coalition when it comes to domestic issues if you speak to the german people one thing they will all tell you the vast majority will tell you is that they do support angola merkel's view when it comes to dealing with the euro crisis what we're now seeing is peacetime saying i'm going to challenge angela merkel on her own turf and put forward my own theory about how to deal with greece. and france to meet with francois hollande and they'll be taking in the france germany game and we will be seeing is thos
merkel's message all the way which is that it's all by austerity and by a sturdy alone and cutting that deficit. that greece can get itself financially back on its feet now what is interesting is that in the german elections we're seeing the key battleground becoming greece. now one of the reasons that we've seen the s.t.p. . jump on this is because essentially they smell blood he said himself after the most recent local elections which took place last month that's change was possible this year...
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Feb 1, 2013
02/13
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so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to kill us, and it's amazing to me how comfortably we forget the fact that there are large groups, including the entire state of iran, where leaders wake up every day and ask themselves what can i do to kill americans today. that is not eight. of war receding. we will leave for our children and incredibly dangerous world. .. .. as this is.
so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to...
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merkel's message all the way which is that it's all by austerity and by a sturdy alone and cutting that deficit. that greece can get itself financially back on its feet now what is interesting is that in the german elections we're seeing the key battleground becoming greece. now one of the reasons that we've seen the s.t.p. to jump on this is because essentially they smell blood he said himself after the most recent local elections which took place last month that's change was possible this year and in order and one of the reasons he can say that is his party is absolutely killing angle merkel's coalition when it comes to domestic issues if you speak to the german people one thing they will all tell you the vast majority will tell you is that they do support angola merkel's view when it comes to dealing with the euro crisis what we're now seeing is peacetime saying i'm going to challenge angela merkel on her own turf and put forward my own theory about how to deal with greece angela merkel will be in france to meet with francois hollande and they'll be taking in the france germany game what we
merkel's message all the way which is that it's all by austerity and by a sturdy alone and cutting that deficit. that greece can get itself financially back on its feet now what is interesting is that in the german elections we're seeing the key battleground becoming greece. now one of the reasons that we've seen the s.t.p. to jump on this is because essentially they smell blood he said himself after the most recent local elections which took place last month that's change was possible this...
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Feb 8, 2013
02/13
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. -- pass a budget deal which they regard as a deficit deal. there may yet be hurdles to overcome. am i he is one of the arctic -- >> he is one of the architects of the us drone program. what could be leadership asked the leadership of john brennan mean for us policy -- what could the leadership of john brennan mean for us policy? >> hello. welcome back. for much of europe, it remains very cold and unsettled. lots of frontal systems, active frontal systems. a lot of snow whooshing up across -- pushing up across poland. still some significant snowfall. we are likely to see further snow the next few days. most of the heaviest snow will be across the ukraine and extending up towards western parts of russia. you see some snow over the dolomites. there is some patchy snow further to the west. many of these frontal systems are looking relatively weak at the moment. towards iberia, temperatures in double figures in madrid. north africa, still this is affecting algeria, some heavy downpours expected. temperatures probably no higher than 9 degrees, way below average. that extends towards tu
. -- pass a budget deal which they regard as a deficit deal. there may yet be hurdles to overcome. am i he is one of the arctic -- >> he is one of the architects of the us drone program. what could be leadership asked the leadership of john brennan mean for us policy -- what could the leadership of john brennan mean for us policy? >> hello. welcome back. for much of europe, it remains very cold and unsettled. lots of frontal systems, active frontal systems. a lot of snow whooshing...
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the deficit will get even bigger the debt the official debt will accumulate even more rapidly and our government is also printing a lot of money to pay for these bills so inflation can also take all very quickly so i see the problems and they may not be in thirty years they may be in five years or two years that the chinese and other people start to understand how bad the situation is and then we'll be in the situation of greece where people won't lend us money. and then we will have to make big cuts and everybody will be injured. so if you mention china and i know that china and japan are they top the list of america's lenders in ways or one trillion should they just get used to the idea they're not getting their money back i mean they can't just come out and say hey i want part of the american g.d.p. . if i were anybody whether i was chinese or japanese or russian i would not be buying thirty year us government treasury bonds that are yielding three and a half percent or something right now because the prospects for us to print we have printed so much money since two thousand and se
the deficit will get even bigger the debt the official debt will accumulate even more rapidly and our government is also printing a lot of money to pay for these bills so inflation can also take all very quickly so i see the problems and they may not be in thirty years they may be in five years or two years that the chinese and other people start to understand how bad the situation is and then we'll be in the situation of greece where people won't lend us money. and then we will have to make...
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well it might have been but you know also our trade deficit got a lot bigger and that subtracted from g.d.p. that is a problem that's only going to get worse and you know think about this we've had a tax increase on everybody here in two thousand and thirteen so i'm eric is going to be paying higher taxes i think we're going to have a larger not smaller budget deficits so i think two thousand and twelve might be the high point of the obama term and you know obama often talked about the lousy economy he inherited from bush well now he's dealing with a lousy economy he inherited from himself and i think whoever succeeds succeeds bush i mean obama the next president is going. actually inherit a worse economy than either did in his first term i think the obama recession is going to be much worse than the obama recovery and you know the obama recovery has been the weakest recovery ever you can imagine how bad the recession is going to be that's certainly a scary thought for a lot of people that are hoping and praying that we do not have another recession like the one that we just got out o
well it might have been but you know also our trade deficit got a lot bigger and that subtracted from g.d.p. that is a problem that's only going to get worse and you know think about this we've had a tax increase on everybody here in two thousand and thirteen so i'm eric is going to be paying higher taxes i think we're going to have a larger not smaller budget deficits so i think two thousand and twelve might be the high point of the obama term and you know obama often talked about the lousy...
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Feb 8, 2013
02/13
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trade deficit. but still, traders are not heading into the weekend in a positive mood. outlooks that companies have been giving, and of course on the trading week, were not convincing, and that is why the dax lost more than 2% in the course of this trading week. >> a quick look at the market numbers now -- the dax closed up 5.81%. the euro stoxx 50 gain more. in new york, the dow is going up by about 0.3%. the bureau is now trading at one -- $1.3358, slightly down. >> talk about going against the mainstream -- the ceo of volkswagen says he wants to take a pay cut even though under the company's rules, his salary should be going up by millions. >> he told the german magazine that it is not possible to justify a pay package of 20 million euros to ordinary people. vw is about to enter into wage talks with production staff. in 2011, he was the highest paid ceo in germany. >> china is continuing to expand its role as the workshop of the world with, according to its own figures, exports growing 25% in january compared to the same time last year. that far exceeds expectations.
trade deficit. but still, traders are not heading into the weekend in a positive mood. outlooks that companies have been giving, and of course on the trading week, were not convincing, and that is why the dax lost more than 2% in the course of this trading week. >> a quick look at the market numbers now -- the dax closed up 5.81%. the euro stoxx 50 gain more. in new york, the dow is going up by about 0.3%. the bureau is now trading at one -- $1.3358, slightly down. >> talk about...
WHUT (Howard University Television)
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Feb 6, 2013
02/13
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WHUT
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the central government has said that you have got to get your deficits in order, the difference between what to take in and spend. it is austerity that is affecting the lives of everyone in so many different ways. in seville it means a large pile of rubbish. >> not very good for america -- major tourist attraction, obviously. tom, thank you for joining us. in other news in brief, the chinese government says they want to address the gulf but between rich and poor in the country by lifting 80 million people out of poverty in three years. proposals include measures to boost the income of poor farmers, increase the minimum wage in the cities, and provide education and cheap housing. a senior opposition leader was killed in tunisia on his way to work. of the unified democratic patriot party, he was shot in the head and neck. he was a popular secularist. the tunisian prime minister described the killing as a terrorist act and a blow to>> ts the country's revolution. the cia has been operating a secret air base for unmanned drones in saudi arabia for the past two years. the u.s. media knew of
the central government has said that you have got to get your deficits in order, the difference between what to take in and spend. it is austerity that is affecting the lives of everyone in so many different ways. in seville it means a large pile of rubbish. >> not very good for america -- major tourist attraction, obviously. tom, thank you for joining us. in other news in brief, the chinese government says they want to address the gulf but between rich and poor in the country by lifting...
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Feb 1, 2013
02/13
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and so we're very worried about the deficit. and what kind of deficit we're going to be leaving to our heirs. there was a national security deficit that is growing and that will continue to grow. it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to kill us -- and it's amazing to me how comfortably we forget the fact that there are large groups, including the entire state of iran, where leaders wake up every day and ask themselves what can i do to kill americans today? that's not a period of wars receding. but back to consensus reality, if we agree that it is, then we will leave for our children an incredibly dangerous world. we will have missed many opportunities to address problems before they acquire the kind of compound interest that is measured in lives. >> misha, just to close us u
and so we're very worried about the deficit. and what kind of deficit we're going to be leaving to our heirs. there was a national security deficit that is growing and that will continue to grow. it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to...
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Feb 4, 2013
02/13
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of the deficit. that is a state located on top of our dead. but it is worth reminding ourselves why we are having to do this in the first place. who was it who wrapped up the dead? who was it who racke rack up the deficit? who was it that gave us the biggest deficit of any country, virtually anywhere in the world? it was, it was the government which he su
of the deficit. that is a state located on top of our dead. but it is worth reminding ourselves why we are having to do this in the first place. who was it who wrapped up the dead? who was it who racke rack up the deficit? who was it that gave us the biggest deficit of any country, virtually anywhere in the world? it was, it was the government which he su
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Feb 7, 2013
02/13
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that's just the nature of dealing with the size deficit -- size of deficits that you got. my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, some this constant uncertainty, this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger sequester. whatever you can do to make sure this doesn't happen. i mean, i cannot imagine that people would stand by and deliberately hurt this country in terms of our national defense by letting this take place. >> i'll only add briefly that most of the things we're doing are reversible. that is our goal, that they would be reversible. even if you reverse them it will take sometime, and i can't predict that, we're trying to stretch readiness. i want to make sure you all realize one other thing. we took the decision on the carrier postponement very seriously because there is a human dimension to this. if you're getting ready t
that's just the nature of dealing with the size deficit -- size of deficits that you got. my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, some this constant uncertainty, this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger sequester. whatever you can do to make sure...
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Feb 1, 2013
02/13
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and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we currently have the mandatory retirement plan. my instinct, my preference, would be to explore what we need to do to beef up or strengthen our voluntary retirement plans. we regularly, troubles that both corporate and union defined benefit plans have need to be careful in the changing world that we have where businesses aren't like businesses forty or fifty years ago or in the global marketplace rapidly changing, companies, employers look different than employers did some time ago. we have to be careful about decisions we make here. we're talking about about tens of mill
and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we...
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Feb 4, 2013
02/13
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have to get on top of the deficit. that is stage one of getting on top of our debt but it is worth reminding ourselves why we're having to do this in the first place. who was it who racked up the debt? who was it that racked up the deficit? who was it that gave us the biggest deficit of any country virtually anywhere in the world? it was the government which he supported. >> if the prime minister agrees that the shortage of engineering skills is one of the greatest avoidable threats to our prosperity and security and that the participation of women in engineering is scandalously low, will he encourage his colleagues to look favorably on the provisions of my bill to ask the young people to seek technology and engineering to take up their careers. >> i will say that in the data released today, one of the encouraging signs is the number of people studying engineering and computer science has gone up quite radically frankly to raise the status of engineering, encourage engineering, are having any effect. >> the government
have to get on top of the deficit. that is stage one of getting on top of our debt but it is worth reminding ourselves why we're having to do this in the first place. who was it who racked up the debt? who was it that racked up the deficit? who was it that gave us the biggest deficit of any country virtually anywhere in the world? it was the government which he supported. >> if the prime minister agrees that the shortage of engineering skills is one of the greatest avoidable threats to...